• Journal of the Korea Institute of Building Construction
• /
• v.12 no.3
• /
• pp.257-265
• /
• 2012

Many construction companies are simultaneously carrying out numerous projects in the housing construction industry. It is essential to accurately forecast the cash flow of a project through optimal process management and resource input in order to manage funds rationally and enhance the competitiveness of a company. Current cash flow forecasting methods offer lower accuracy due to a large gap between the revenue and expenditure element. Expenditure elements depends on the real-time changing actual cost for work performed. This research survey was conducted on the actual state of construction management of K company to investigate the problems of cash flow forecasting. To achieve this, the work process and construction management system were integrated to improve the cost management system of K company. To accurately forecast the cash flow of a project, revenue and expenditure elements were displayed in the total cash flow forecast window. This research is expected to assist in the implementation of a system of cash flow forecasting on housing construction by excluding negative elements of revenue and expenditure.

• Journal of the Korea Convergence Society
• /
• v.8 no.3
• /
• pp.15-22
• /
• 2017

People generally believe that disaster forecast and warning systems and response systems are well established in the age of cutting edge technology. As a matter of fact, reliable systems to respond to disasters are not properly equipped, as we witnessed the Sewol ferry disaster in 2014. The existing forecast and warning systems are based on sensor information with low efficiency, and image information is only operated by monitoring staff manually. In addition, the interconnection between a warning system and a response system in order to decide how to cope with the recognized disaster is very insufficient. This paper introduces the CCTV based disaster recognition and real time crisis response system composed of the CCTV image recognition engine and the crisis response technique. This system has brought the possibility to overcome the limitations of existing sensor based forecast and warning systems, and to resolve the problems in the absence of monitoring staff when responding to crisis.

• Magazine of the Korean Society of Agricultural Engineers
• /
• v.43 no.2
• /
• pp.85-93
• /
• 2001

The basic concept of the model is to minimize the error range between forecasted flood inflow and actual flood inflow, and forecast accurately the flood discharge some hours in advance depending on the concentration time(Tc) and soil moisture retention storage(Sa). Simplex method that is a multi-level optimization technique was used to search for the determination of the best parameters of RETFLO (REal-Time FLOod forecasting) model. The flood forecasting model developed was applied to several strom event of Yedang reservoir during past 10 years. Model perfomance was very good with relative errors of 10% for comparison of total runoff volume and with one hour delayed peak time.

• Proceedings of the Korea Water Resources Association Conference
• /
• 2017.05a
• /
• pp.194-194
• /
• 2017

Flooding is one of the most serious and frequently occurred natural disaster at many regions around the world. Especially, under the climate change impact, it is more and more increasingly trend. To reduce the flood damage, flood forecast and its accuracy analysis are required. This study is conducted to analyze the accuracy of the real-time flood forecasting of a coupled meteo-hydrological model for the Han River basin, South Korea. The LDAPS (Local Data Assimilation and Prediction System) products with the spatial resolution of 1.5km and lead time of 36 hours are extracted and used as inputs for the SURR (Sejong University Rainfall-Runoff) model. Three statistical criteria consisting of CC (Corelation Coefficient), RMSE (Root Mean Square Error) and ME (Model Efficiency) are used to evaluate the performance of this couple. The results are expected that the accuracy of the flood forecasting reduces following the increase of lead time corresponding to the accuracy reduction of LDAPS rainfall. Further study is planed to improve the accuracy of the real-time flood forecasting.

• Journal of the Korean Data and Information Science Society
• /
• v.17 no.3
• /
• pp.821-830
• /
• 2006

This paper develops support vector based fuzzy linear and nonlinear regression models and applies it to forecasting the exchange rate. We use the result of Tanaka(1982, 1987) for crisp input and output. The model makes it possible to forecast the best and worst possible situation based on fewer than 50 observations. We show that the developed model is good through real data.

• International Journal of Internet, Broadcasting and Communication
• /
• v.10 no.4
• /
• pp.75-82
• /
• 2018

Efforts to reduce damages from micro dust and harmful gases in life have been led by national or local governments, and information on air quality has been provided along with real-time weather forecast through TV and internet. It is not enough to provide information on the individual indoor space consumed. So in this paper, we propose a IoT-based Real-Time Air Quality Sensing Board Corresponding Fine Particle for Air Quality Management in Buildings. Proposed board is easy to install and can be placed in the right place. In the proposed board, the air quality (level of pollution level) in the indoor space (inside the building) is easy and it is possible to recognize the changed indoor air pollution situation and provide countermeasures. According to the advantages of proposed system, it is possible to provide useful information by linking information about the overall indoor space where at least one representative point is located. In this paper, we compare the performance of the proposed board with the existing air quality measurement equipment.

• Journal of Korea Water Resources Association
• /
• v.44 no.11
• /
• pp.853-861
• /
• 2011

The objective of this study is to assess Sejong University River Forecast (SURF) model which consists of a continuous rainfall-runoff model and measured streamflow assimilation using ensemble Kalman filter technique for streamflow forecast on Nakdong river basin. The study area is divided into 43 subbasins. The forecasted streamflows are evaluated at 12 measurement sites during flood season from 2006 to 2007. The forecasted ones are improved due to the impact of the measured streamflows assimilation. In effectiveness indices corresponding to 1~5 h forecast lead times, the accuracy of the forecasted streamflows with the assimilation approach is improved by 46.2~30.1% compared with that using only the rainfall-runoff model. The mean normalized absolute error of forecasted peak flow without and with data assimilation approach in entering 50% of the measured rainfall, respectively, the accuracy of the latter is improved about 40% than that of the former. From these results, SURF model is able to be used as a real-time river forecast model.

• Atmosphere
• /
• v.25 no.2
• /
• pp.375-387
• /
• 2015

A Selected Multi-model CONsensus (SMCON) technique was developed and verified for the tropical cyclone track forecast in the western North Pacific. The SMCON forecasts were produced by averaging numerical model forecasts showing low 70% latest 6 h prediction errors among 21 models. In the homogeneous comparison for 54 tropical cyclones in 2013 and 2014, the SMCON improvement rate was higher than the other forecasts such as the Non-Selected Multi-model CONsensus (NSMCON) and other numerical models (i.e., GDAPS, GEPS, GFS, HWRF, ECMWF, ECMWF_H, ECMWF_EPS, JGSM, TEPS). However, the SMCON showed lower or similar improvement rate than a few forecasts including ECMWF_EPS forecasts at 96 h in 2013 and at 72 h in 2014 and the TEPS forecast at 120 h in 2013. Mean track errors of the SMCON for two year were smaller than the NSMCON and these differences were 0.4, 1.2, 5.9, 12.9, 8.2 km at 24-, 48-, 72-, 96-, 120-h respectively. The SMCON error distributions showed smaller central tendency than the NSMCON's except 72-, 96-h forecasts in 2013. Similarly, the density for smaller track errors of the SMCON was higher than the NSMCON's except at 72-, 96-h forecast in 2013 in the kernel density estimation analysis. In addition, the NSMCON has lager range of errors above the third quantile and larger standard deviation than the SMCON's at 72-, 96-h forecasts in 2013. Also, the SMCON showed smaller bias than ECMWF_H for the cross track bias. Thus, we concluded that the SMCON could provide more reliable information on the tropical cyclone track forecast by reflecting the real-time performance of the numerical models.

• International journal of advanced smart convergence
• /
• v.12 no.4
• /
• pp.75-87
• /
• 2023

We designed to employ an Artificial Intelligence learning model to predict real estate prices and determine the reasons behind their changes, with the goal of using the results as a guide for policy. Numerous studies have already been conducted in an effort to develop a real estate price prediction model. The price prediction power of conventional time series analysis techniques (such as the widely-used ARIMA and VAR models for univariate time series analysis) and the more recently-discussed LSTM techniques is compared and analyzed in this study in order to forecast real estate prices. There is currently a period of rising volatility in the real estate market as a result of both internal and external factors. Predicting the movement of real estate values during times of heightened volatility is more challenging than it is during times of persistent general trends. According to the real estate market cycle, this study focuses on the three times of extreme volatility. It was established that the LSTM, VAR, and ARIMA models have strong predictive capacity by successfully forecasting the trading price index during a period of unusually high volatility. We explores potential synergies between the hybrid artificial intelligence learning model and the conventional statistical prediction model.

• The Korean Journal of Applied Statistics
• /
• v.37 no.3
• /
• pp.297-309
• /
• 2024

This paper evaluates the performance of the neural network autoregressive model combined with an exponential smoothing model, called the NNARX+ETS model. The combined model utilizes the components of ETS as exogenous variables for NNARX, to forecast time series data using artificial neural networks. The main idea is to enhance the performance of NNAR using only lags of the original time series data, by combining traditional time series analysis methods with the neural networks through NNARX. We employ two real data for performance evaluation and compare the NNARX+ETS with NNAR and traditional time series analysis methods such as ETS and ARIMA (autoregressive integrated moving average) models.